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3648127
Economic Problem
Descrição
aasd
Sem etiquetas
contexto
economia
empresas
Mapa Mental por
Daniel Jiménez
, atualizado more than 1 year ago
Mais
Menos
Criado por
Daniel Jiménez
mais de 9 anos atrás
15
0
0
Resumo de Recurso
Economic Problem
Possibility of production and opportunity cost
PPF
Limit of goods an services
More production of goods
increase of production
Increased cost
Accessible and inaccessible
When resources available using their capacity
Efficiency
Allocation
Resources
- Costs + Benefits
Production
It is achieved producing goods and services at the lowest cost possible
It may be inefficient when resources unused
Cost
Oportunities
Alternative higher value who sacrifices
Economic Grow
Efficient use of resources
It is when a good is produced at lowest possible price
Marginal cost
It is when It produces one unit
Marginal benefits
That advantage received by the Consuming a like unit
Decreases as the amount increases
Economic growth
It is when the possibility of production
Opportunity cost
Current consumption
Profit growth
Increased future consumption
Results
Technological change
Development of new goods
Better ways of producing goods and services
Capital accumulation
Increased capital resources
Trading profit
People or companies
Gets comparative advantages
The cost of production is lower than others
It specializes in activity
Comparative advantage
Cost sharing
Advantages
Comparative
Ability to do something at a lower cost than others
Absolute
Comparison of productivity levels
Economic coordination
It coordinates activities according to company size
Property rights
Efficient production
Adaptation to the environment
Economic choice
People
Companies
Money Management
Exchange market
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